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HomeMy WebLinkAboutResolution No. 2016-092 Levying Assessments M-16 e ' s a� RESOLUTIN 2016- 92 A RESOLUTION LEVYING SPECIAL ASSESSMENTS FOR PUBLIC IMPROVEMENTS WHEREAS, pursuant to proper notice duly given as required by law, the Edina City Council has met and heard and passed upon all written and oral objections to the proposed special assessments for the improvement listed below: 50th and France Business District— Improvement No. M-16 BE IT RESOLVED by the City Council of the City of Edina, Minnesota as follows: I. Each special assessment as set forth in the special assessment roll on file in the office of the City Clerk for each aforementioned improvement is hereby accepted and shall constitute the special assessments against the lands named therein, and each tract of land therein included in herein found to be benefited by the improvement in the amount of the special assessments levied against it. 2. The special assessments shall be payable in equal installments, the first of said installments together with interest at a rate of 6.5% per annum, on the entire special assessments from the date hereof to December 31, 2017. To each subsequent installment shall be added interest at the above rate for one year on all unpaid installments. The number of such annual installments shall be as follows: NUMBER OF NAME OF IMPROVEMENT INSTALLMENTS 50th and France Business District Levy No. 19408 1 3. The owner of the property so assessed may, at any time prior to certification of special assessment to the County Auditor, partially prepay an amount not less than 25% of the whole assessment to the City Treasurer and no interest shall be charged on the portion of the assessment prepaid; or pay the whole of the special assessments on such property, to the City Treasurer, except that no interest shall be charged if the entire special assessment is paid before November 21,2016 following the adoption of this resolution and they may, at any time thereafter, pay to the City Treasurer the entire amount of the special assessments remaining unpaid. Such payment must be made before November 21, 2016. 4. The Clerk shall forthwith transmit a certified supplicate of these special assessments to the County Auditor to be extended on the property tax lists of the County. Such !special assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted this 5th day of October, 2016. _ -- ATTEST: f J A L'J""L'o - City Clerk U Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) CITY OF EDINA ) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of October 5,2016,and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of 20_ City Clerk CITY OF EDINA 4801 West 50th Street•Edina,Minnesota 55424 www.EdinaMN.gov•952-927-8861 • Fax 952-826-0390